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romanna [79]
3 years ago
12

What is the most common termination statement in a typical franchise agreement? a. That the franchise can be terminated within t

en days' notice. b. That the franchise can be terminated "for cause" with grounds for termination. c. That the termination must go to arbitration.
Business
1 answer:
Tomtit [17]3 years ago
4 0

Answer:

b. That the franchise can be terminated "for cause" with grounds for termination.

Explanation:

  • The most common type of the termination statement that is found in a typical franchise agreement. A franchise is an agreement is the legal and a bring contract that is set between the franchisor and franchisee.
  • Is enforced by the state and franchisee signing a contract and is part of the U.S federation commission and regulates the information disclosures and is under the Franchise rules and is a support system.
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What is human rights​
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Gross income. they are incomes before taxes or adjustments
6 0
3 years ago
If a competitive firm can sell a bushel of soybeans for $25 and it has an average variable cost of $24 per bushel and the margin
Liula [17]

Answer: reduce output.

Explanation:

In a competitive market, firms do not have control over the price that they sell their goods in the market but they do have control over their costs. It is recommended to produce/ sell goods at a quantity where Marginal Revenue will equal Marginal cost (MR = MC).

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6 0
2 years ago
. The income elasticity of demand for medical care is 1.35. This implies that: a. if income decreases by 1%, the quantity demand
Andre45 [30]

Answer:

The correct answer is a).

Explanation:

The income elasticity of demand refers to the percentual variation of quantity demanded of a certaing good in response to a percentual variation in income.

If the income elasticity of demand for medical care is 1.35,

<em>a. if income decreases by 1%, the quantity demanded for medical care decreases by 1.35%.</em> TRUE, this is what the definition implies.

<em>b. if the price of medical care increases by 1%, the quantity demanded for medical care decreases by 1.35%. </em>FALSE. In this elasticity, the sign is relevant. This income elasticity implies that changes in income and medical care expenses have the same sign.

<em>c. if the income of the average consumer increases by 1 dollar, the quantity demanded for medical care will increase by 1.35 units of care.</em> FALSE. The elasticity relates percentual variations, not absolute value variations.

<em>d. if income increases by 1%, the quantity demanded for medical care decreases by 1.35%.</em> FALSE. The same as point b.

5 0
3 years ago
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